Jack Mallers announces departure from Twenty One to pursue Bitcoin ambitions, Mallers confirms

Jack Mallers announces departure from Twenty One to pursue Bitcoin ambitions, Mallers confirms
Mallers exits Twenty One for Bitcoin focus

Jack Mallers, founder and CEO at Strike, announced he is stepping down as CEO of Twenty One.

Mallers described the decision as difficult but necessary and emphasized that his primary focus continues to be building his Bitcoin company, Strike.

Mallers previously introduced bitcoin-backed loans at Strike that allow users to keep their bitcoin without facing liquidation risks. He has also argued that Bitcoin's value comes from replacing traditional savings rather than speculative trading. Both initiatives reflect his ongoing focus on building financial services centered on Bitcoin.

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